Google, Yahoo! Compete with VC's to Fund Startups
As John says, i guess it is kind of obvious, but it's interesting to hear it confirmed. Yahoo! and Google both are competing with VC's to fund early stage startups.
Quote:
Levene mentioned to me later that Google has even set up a fund to compete with VCs for early stage company financing (I had not head this before), and that Yahoo feels it can and must compete to buy early stage companies before VCs can get in with larger financing.
Yep, just one more battlefront to engage in. It's a wonder these firms get anything done trying to compete in so many areas at once...
- Y! MyWeb
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whoops, wrong thread,